The Price of Gas!
This is an entertaining flash animation sent to me.
http://toccionline.kizash.com
I found a couple of other ones by this same person.
Call me ignorant, but what has caused the price of gas to sky rocket?
In 2003 the cost of crude oil was around $28. Looking today, it seems to be around $65. That's more than double! The average price of gas in 2003 was $1.56. Does this mean we should expect to be paying $3 per gallon soon?
Source of 2003 numbers.
http://www.eia.doe.gov/pub/oil
Source of today's numbers
http://www.bloomberg.com
What has cause the cost of crude to go up so much? Is the cost of crude the major factor in the price of gas. Does it really cost this much more to produce gas?
At what point do we start buying big tanks and hoard gas like was done in the 70's?
Here is an interesting site that lets you see gas prices at various stations in your area.
http://www.gasbuddy.com/
